$229,900
●
House -
Off Market
1611 CUMBERLAND Parkway
ALGONQUIN, IL 60102
3 Beds
3 Baths,
1
Half Bath
1,595 Ft²
$369,092
RealtyHop Estimate
60.54%
Since Jul 1, 2017
National-US
Primary Model
About This Property
Welcome to this beautifully maintained home in Spring Creek Farms.
Features include gorgeous hardwood floors, updated kitchen
with granite counters and stainless steel appliances, formal dining
room and gas start fireplace in living room. 3 generous sized
bedrooms on the 2nd floor includes a spacious master with
tiled master bath and dual vanity. Recent updates
include: A/C, Furnace w/ April Air Humidifier, SS Appliances
and freshly painted. Additional space in the full, finished
basement offers family room, laundry and loads of storage space
with shelving. Sliding doors in the kitchen lead to the
expansive deck overlooking the fenced yard. Convenient location
east of the river and nearby schools, parks and shopping!
Unit Size
1,595 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$144
Property Type
House
Property Taxes
$539
HOA Dues
-
Year Built
1996
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 3 years ago (MRED MLS #09595906)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 26, 2024 | Sold | ||
| Sold | |||
| Feb 29, 2024 | Listed by Realty Executives Cornerstone | $319,900 | |
| Listed by Realty Executives Cornerstone | |||
| | |||
|
Welcome to this beautifully maintained home in Spring Creek Farms. This Algonquin beauty has a great location near main roads, award winning dining and shopping. 2 story home features 3 generous bedrooms. Primary has full bath, double sinks, and large walk-in closet, enter and enjoy the hardwood floors that lead to you family room with gas start fire place, great for chilly nights. Family room is open to eating area and kitchen with stainless steel appliances and granite counter tops, ready for bringing people together. Full finished basement can be enjoyed many ways, rec room, create a theater area, etc... plus laundry and loads of storage space with shelving. Enjoy your large fenced yard with updated deck. Come visit and fall in love.
| |||
| Jun 23, 2017 | Sold | ||
| Sold | |||
| Apr 14, 2017 | Listed by Coldwell Banker Residential | $229,900 | |
| Listed by Coldwell Banker Residential | |||
Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Type
Beds
Baths
ft²
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Sold On
HOA + Taxes
About Spring Creek Farms
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: , Coldwell Banker Residential
Last Updated: 3 years ago
Data Source: MRED, MLS# 09595906
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Last Updated: 3 years ago
Data Source: MRED, MLS# 09595906
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